My current platform is:
    Windows Server 2003 / IIS
    SQL Server 2005
    PHP

I'm sold on the financial, stability and availability benefits of
GAE.  However, I'm worried about the feasibility of porting my data
and application to the environment, mainly because my application is
financial in nature, and depends greatly on the ability to quickly
deploy reports, stored procedures, views, and the like.

The application has approximately 1000 users who, at most, visit the
website once a month.  The vast majority of the users only visit it
once a year.  The database is about 300MB, compressed.

Is it worth it to recreate the data structures and import the data
into GAE's data models, or would it be more reasonable to either wait
for SQL Hosting to be available from GAE (or host it on a server like
www.rdbhost.com)?

Thank you.

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